Celestica Inc (NYSE:CLS) (TSE:CLS) was the target of unusually large options trading on Wednesday. Stock traders acquired 1,000 put options on the company. This represents an increase of approximately 1,438% compared to the typical daily volume of 65 put options.
Shares of NYSE:CLS opened at $7.70 on Thursday. Celestica has a 52-week low of $5.95 and a 52-week high of $9.96. The stock has a market cap of $995.28 million, a price-to-earnings ratio of 11.00 and a beta of 0.81. The company has a quick ratio of 0.78, a current ratio of 1.31 and a debt-to-equity ratio of 0.07. The business has a 50-day moving average price of $7.37 and a 200-day moving average price of $6.91.
Celestica (NYSE:CLS) (TSE:CLS) last announced its quarterly earnings data on Thursday, October 24th. The technology company reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.08 by $0.05. Celestica had a return on equity of 10.06% and a net margin of 2.24%. The firm had revenue of $1.52 billion during the quarter, compared to analysts’ expectations of $1.45 billion. During the same period last year, the business posted $0.26 earnings per share. The company’s revenue for the quarter was down 11.3% compared to the same quarter last year.
CLS has been the topic of a number of recent analyst reports. Zacks Investment Research lowered Celestica from a “buy” rating to a “hold” rating in a research note on Thursday, October 24th. TD Securities dropped their price target on Celestica from $7.00 to $6.00 and set a “hold” rating on the stock in a research report on Friday, October 25th. Finally, CIBC reissued a “hold” rating and set a $7.00 price target on shares of Celestica in a research report on Sunday, October 27th. One analyst has rated the stock with a sell rating and nine have given a hold rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $8.38.
Celestica Inc provides design, manufacturing, hardware platform, and supply chain solutions in Canada and internationally. It operates through two segments, Advanced Technology Solutions, and Connectivity & Cloud Solutions. The company offers a range of services, including design and development, engineering, supply chain management, new product introduction, component sourcing, electronics manufacturing, assembly and test, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics, asset management, product licensing, and after-market repair and return services.
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